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Squeze preflop is ok I think, maybe he will have AQ or JJ. JJ beats us, but maybe he will fold when he is tight or we hit an ace and go to the showdown. If we hit ace or K on flop we have to be carefull, because we don't know what he has in slowplay range, it is posible that he will slowplay AA.

But calling preflop would be better I think - to keep pot small and not so many hands will fold if any. But again we can not bet for value a lot once we hit, because we can just pay him off.

Folding preflop would not be the worst option also. Or maybe better - we will not get into tough spots and not pay him. If we later see that he is so tight - he will just loose money by folding preflop. If we see that stats get more loose then we can play more usual way.

On flop check is ok, we don' know what they have and could have AA the UTG+2 so not much FE.

On turn folding is also ok, we don't have much implied odds on this board.